Beyond trade : Is reform effort affected by the exchange rate regime?

Title data

Belke, Ansgar ; Herz, Bernhard ; Vogel, Lukas:
Beyond trade : Is reform effort affected by the exchange rate regime?
In: Economie Internationale. Vol. 107 (2006) Issue 3 . - pp. 29-58.
ISSN 1777-5582

Official URL:

Abstract in another language

This paper examines the contemporaneous relationship between the exchangerate regime and structural economic reforms over a period of 30 years. We investigate empirically whether structural reforms are complements or substitutes for monetary commitment in the attempt to improve macroeconomic performance. The results contradict the hypothesis that exchange rate commitments may have slowed down the pace of structural reform, but neither provide robust evidence that losing the possibility of an exchange rate adjustment promotes labor and product market reforms.

Further data

Item Type:	Article in a journal
Refereed:	Yes
Institutions of the University:	Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics I - International Economics and Finance > Chair Economics I - International Economics and Finance - Univ.-Prof. Dr. Bernhard Herz Faculties Faculties > Faculty of Law, Business and Economics Faculties > Faculty of Law, Business and Economics > Department of Economics Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics I - International Economics and Finance
Result of work at the UBT:	Yes
DDC Subjects:	300 Social sciences > 330 Economics
Date Deposited:	02 Apr 2015 06:27
Last Modified:	10 Mar 2016 13:05
URI:	https://eref.uni-bayreuth.de/id/eprint/9776